Shearman & Sterling is advising on Pernod Ricard’s €1 billion capital increase through a rights issue consisting of a public offering in France and an international private placement. The exercise period runs from April 16, 2009 to April 29, 2009 inclusive.

Pernod Ricard is one of the world’s leaders in wines and spirits.

Shearman & Sterling is advising the underwriters in connection with this transaction with a team led by partners Bertrand Sénéchal (Paris-Capital Markets) and Robert Treuhold (Paris-Capital Markets) assisted by associates Séverine de La Courtie (Paris-Capital Markets), Trevor Ingram (Paris-Capital Markets), Khalisha Banks (Paris-Capital Markets) and Pierre Treille (Paris-Capital Markets). Stéphanie Gicquel (Paris-Tax) also provided tax support.